The Business Council of Papua New Guinea has present its latest macroeconomic outlook, which outlines the risks faced by PNG’s economy and what business needs to recover from the COVID-19 downturn.
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The Asian Development Bank approves a multi-million kina investment in telecommunications in Papua New Guinea, Investment Promotion Authority looks to make doing business easier, and Fortescue Metal Group announces plans for hydropower projects in PNG. The business news you need to kickstart your week.
The PNG Coastal Ship Owners Association has had a revamp and it has a new aim to make sure that this vital service gets the respect it deserves. New chairman of the association, James Midgley, talks to Business Advantage PNG.
The Papua New Guinea Olympic Committee welcomes a Marketing and Events Coordinator, Femili PNG announces its Inaugural Patron,the National Superannuation Fund gets two Papua New Guinean stars for the role of Joint Chief Investment Officer and the Oceania Customs Organisation gets a new Enforcement Officer.
KPMG looks at fraud risk during COVID, Zoom boosts its forecasts and thousands of Kiwis back changes to sick leave. Readings from around the world on business, leadership and management.
What progress has solar energy made in Papua New Guinea and what is its potential, particularly for business? Christian Lohberger, President and founder of the Solar Energy Association of PNG and co-founder of Astra Solar Ltd, shares his views with Business Advantage PNG.
Australia’s national cabinet has agreed to reopen its Pacific Labour Scheme, Ok Tedi is confident mine to reopen, and concern over COVID-19 funding. The business news you need to kickstart your week.
Papua New Guinea’s government has moved to effectively take over the Porgera gold mine in Enga Province by issuing a Special Mining Lease to state-owned mining company, Kumul Minerals Holdings. Legal challenges look likely.
A new organic law defining how Papua New Guinea manages resource projects may soon be tabled in Parliament. It appears the main aim will be to change ownership and control of future projects, but will it spook international investors?
LNG prices have surged clawing back earlier losses, while the oil price is steady and cocoa is also strong: Business Advantage PNG’s monthly overview of commodity and financial markets.